Silchester International Investors LLP (Silchester) recently added to their stake in HK-listed Luk Fook Holdings (International) Limited (Luk Fook). According to a filing submitted to the Hong Kong Stock Exchange on January 26th, 2018, the firm bought 1,065,000 shares off the exchange at an undisclosed price on January 26th. Following the purchase, Silchester’s stake in Luk […]

Senrigan Capital Group (Senrigan) recently increased its stake in HK-listed Winto Group (Holdings) Limited (Winto Group). According to a filing submitted to the Hong Kong Stock Exchange on January 25th, 2018, the firm bought 223,384,000 shares on January 25th on the exchange at an average price of HKD 0.058 per share (total consideration was ~US$1.66m). Following […]

The Kennox Strategic Value Fund’s 4Q 2017 report included some commentary on HK-listed Welling Holdings (see the excerpt below). Kennox is an Edinburgh-based wholly independent asset manager. Their team runs the Kennox Strategic Value Fund, a long only global equities portfolio. We have previously covered them on this website, see here and here for more. As […]

Cartica Management, LLC (Cartica) recently added to their stake in HK-listed Regina Miracle International (Holdings) Limited (Regina Miracle). According to a filing submitted to the Hong Kong Stock Exchange on December 23rd, 2017, the firm bought 130,000 shares on the exchange at an average price of HKD 7.7424 on December 22nd (total consideration was ~US$129k). Following […]

Farallon Capital Management (Farallon) recently trimmed their stake in HK-listed Hongkong Chinese Limited (Hongkong Chinese). According to a filing submitted to the Hong Kong Stock Exchange on December 22nd, 2017, the firm sold 114,373,650 shares on the exchange at an average price of HKD 1.30 per share on December 19th (total consideration was ~US$19m). Following the […]

Silchester International Investors LLP (Silchester) recently added to their stake in HK-listed COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports). According to a filing submitted to the Hong Kong Stock Exchange on December 15th, 2017, the firm bought 2,500,000 shares off the exchange at an undisclosed price on December 15th. Following the purchase, Silchester’s stake in […]

Muddy Waters Research have published a new short report called “The Farce Awakens: CIFS.” You can find a copy embedded below or download it via their website. The company in focus this time is NASDAQ-listed China Internet Nationwide Financial Services Inc. (CIFS), which Muddy Waters calls an “old style China fraud.” According to their website, […]

International Value Advisers, LLC (IVA) recently increased their stake in HK-listed APT Satellite Holdings Limited (APT Satellite). According to a filing submitted to the Hong Kong Stock Exchange on November 20th, 2017, the firm bought 4,428,500 shares on the exchange at an average price of HKD 3.61 per share on November 15th (total consideration was […]

Alibaba subsidiary Taobao China Holding Limited (Taobao) has agreed to buy an aggregate direct and indirect 36.2% stake in Sun Art Retail Group (Sun Art) for ~U$2.9bn. Taobao may also make a mandatory unconditional cash offer for the remaining shares it does not own. Details of the stake purchases below: Taobao purchased a direct 26% […]

NTAsian Discovery Master Fund (NTAsian) recently trimmed their stake in HK-listed VSTECS Holdings Ltd. (VSTECS). According to a filing submitted to the Hong Kong Stock Exchange on November 7th, 2017, the firm sold 2,560,000 shares on the exchange at an average price of HKD 3.8114 per share on November 3rd (total consideration was ~US$1.25m). Following […]